Pepperstone
OctaFX
Our Rating
98
38
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
Pepperstone
OctaFX
ASIC (Australia)
FCA (UK)
CYSEC (Cyprus)
DFSA (Dubai)
BaFin (Germany)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
OctaFX
EUR/USD Avg. Raw Spread
0.10
0.9
GBP/USD Avg. Raw Spread
0.40
1
AUD/USD Avg. Raw Spread
0.20
1.2
EUR/USD Standard Spread
1.10
0.9
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1
AUD/USD Avg. Standard Spread
1.20
1.2
Commissions (USD Base)
$3.50
-
Minimum Deposit
$0
$50
Swap Free Account
No Inactivity Fees
Funding Methods
16+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
OctaFX
Currency Pairs
62+
35+
Cryptocurrency CFDs*
12+
30
Index CFDs
14+
10
Share CFDs
300+
150 (not in EU)
Commodities CFD
9+
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (United Kingdom)
500:1
-
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (Europe)
500:1
-
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
500:1
-
Retail Max. Leverage (Kenya)
400:1
-
Professional Leverage
500:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
OctaFX
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
-
Guaranteed Stop Loss
-
Demo Account

Overall

Pepperstone
OctaFX
Our Rating
980
380
 

Our comprehensive comparison covers the 10 most crucial trading factors, highlighting the key differences between Pepperstone and Octa FX:

  • Pepperstone offers a $0 minimum deposit, while Octa FX requires a minimum of $50.
  • In terms of execution speed, Pepperstone ranks 3rd overall, outperforming Octa FX.
  • Pepperstone provides a wider range of CFDs and market products, including ETFs and bonds.
  • For educational resources, Pepperstone leads with more comprehensive materials and support.
  • Pepperstone’s customer service is superior, offering 24/5 support and multilingual assistance.